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Listed by Cheryl Ritchie • RE/MAX OF ORANGE BEACH
$ 399,000
Est. payment | /mo
1,316 SqFt
$ 399,000
Est. payment | /mo
1,316 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,316 sqft
Price per Sqft $303
MLS Listing ID 664529
HOA Y/N No
Year Built 1957
Property Sub-Type Other
Source Pensacola MLS
Property Description
Presenting an exceptional investment opportunity: this newly remodeled property features a front building with three fully furnished efficiency units, all currently leased and generating a combined monthly income of $3,700. Each unit has been thoughtfully updated to offer modern comfort and convenience, making them highly attractive to tenants. In addition, a separate two-bedroom unit is located at the rear of the property, also rented and bringing in $1,050 per month. This back unit is offered unfurnished, providing flexibility for future use. The property includes ample yard space and off-street parking, all situated in a convenient, desirable location close to essential amenities. Whether you're expanding your portfolio or seeking a turnkey income-producing asset, this property delivers strong returns and long-term value. BEING SOLD AS IS. Leases are available for viewing as a part of due diigence once under contract.
Location
State FL
County Escambia - Fl
Interior
Interior Features Baseboards, Ceiling Fan(s), High Ceilings
Heating Wall/Window Unit(s)
Appliance Electric Water Heater, Microwave, Refrigerator
Exterior
Parking Features Parking Lot
Waterfront Description None
View Y/N No
Roof Type Composition
Garage No
Building
Lot Description Central Access
Faces Located one home from W Green St
Story 1
Water Public
Structure Type Block
New Construction No
Others
Tax ID 342S300890005089
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